Netherlands International: The Euro shows vulnerability after recent rebound.

date
16/04/2026
Chris Turner of the Dutch International Group stated in a report that the euro's rebound against the US dollar to pre-Iran conflict levels seems poised for a potential pullback. Hopes for a second round of talks between the US and Iran and a possible extension of the ceasefire agreement have boosted the euro. Turner said that the euro's quick rise to near $1.18 was unexpected. "We do not recommend chasing the market from current levels and believe that any negative news could easily push the euro back to $1.1700." Data from the London Stock Exchange Group shows the euro falling 0.1% to $1.1783, having touched $1.1823 overnight, its highest level since February 27th.